Highlights
Groww Launches Employee Stock Options Worth Rs 51.32 Crore
Groww has introduced a substantial employee stock option plan (ESOP) amounting to nearly Rs 51.32 crore, covering 24.32 lakh equity shares under its ESOP 2024 initiative on April 20, following the announcement of its fourth quarter results for FY26. The company, which operates under the auspices of Billionbrains Garage Ventures Limited, sanctioned the grant of 24,32,697 stock options to qualified employees on April 20, 2026. Each option is eligible to be converted into a single fully paid-up equity share, with a nominal value of Rs 2.
Based on the current share price of Rs 211 per share as of 11:10 PM today, the added ESOPs are estimated to be valued around Rs 51.32 crore. According to the issued filing, the majority of the options, totalling 22,68,569, have been issued at an exercise price of Rs 2 per share, while 1,64,128 options carry an exercise price of Rs 173.65 per share. Employees have the opportunity to exercise these options within a decade from the date they vest, in line with the terms of the ESOP scheme.
Company Performance in Q4 FY26
In the fourth quarter of FY26, Groww significantly increased its profit to Rs 686 crore, while its operating revenue skyrocketed by 88% year-on-year, surpassing Rs 1,500 crore. For the complete financial year that ended in March 2026, the company reported a 19% rise in operating income to Rs 4,645 crore, with profits exceeding Rs 2,000 crore in FY26.
Groww is making substantial strides in gaining market share across various segments. Its share in the mutual funds sector has escalated to 14%, while its stock broking and equity derivatives sectors stand at 15.7% and 10.6% respectively. As highlighted in its Q4 FY26 shareholder update, the company has also surpassed Rs 3 trillion in customer assets and intends to utilise its earnings, along with funds raised recently, to expand its lending operations.